Mortgage Calculator

The Mortgage Affordability Calculator helps you to determine how much you can borrow. The Mortgage Payment Calculator estimates the amount of a mortgage payment and generates an amortization schedule for payments. The Mortgage Comparison Calculator establishes which mortgage product is right for you.

The number of months or years over which the mortgage is repaid. The maximum amortization period is 35 years.

Payment Frequency

You can choose how often you will make payments on your mortgage. Typically your overall interest paid is lower when you make more frequent payments. For example, an accelerated bi-weekly payment means you are essentially making the equivalent of one additional monthly payment each year.

Product

Please select the type of mortgage that best meets your needs or enter your own rate.

Mortgage Term

The length of the mortgage contract, which can be tied to a specific interest rate.

For prepayments, you can choose a lump sum, percentage increase or dollar increase.

Amount

The amount (in dollars or as a percentage) that you will prepay.

Amount

The amount (in dollars or as a percentage) that you will prepay.

%

Payment Period

The payment period is an indicator of the number and order of payments. E.g. A mortgage with a 1-yr term paid monthly has 12 payment periods. A mortgage with a 2-year term paid semi-monthly has 48 payment periods. You can choose to apply the extra payment to any of the payment periods, for example the 5th, 10th, or 41st period.

The amount of principal and interest that will be paid regularly to service the mortgage during each payment period.

Payment Frequency

You can choose how often you will make payments on your mortgage. Typically your overall interest paid is lower when you make more frequent payments. For example, an accelerated bi-weekly payment means you are essentially making the equivalent of one additional monthly payment each year.

Product

Please select the type of mortgage that best meets your needs or enter your own rate.

Mortgage Term

The length of the mortgage contract, which can be tied to a specific interest rate.

For prepayments, you can choose a lump sum, percentage increase or dollar increase.

Amount

The amount (in dollars or as a percentage) that you will prepay.

Amount

The amount (in dollars or as a percentage) that you will prepay.

%

Payment Period

The payment period is an indicator of the number and order of payments. E.g. A mortgage with a 1-yr term paid monthly has 12 payment periods. A mortgage with a 2-year term paid semi-monthly has 48 payment periods. You can choose to apply the extra payment to any of the payment periods, for example the 5th, 10th, or 41st period.

The number of months or years over which the mortgage is repaid. The maximum amortization period is 35 years.

Payment Frequency

You can choose how often you will make payments on your mortgage. Typically your overall interest paid is lower when you make more frequent payments. For example, an accelerated bi-weekly payment means you are essentially making the equivalent of one additional monthly payment each year.

Product

Please select the type of mortgage that best meets your needs or enter your own rate.

Mortgage Term

The length of the mortgage contract, which can be tied to a specific interest rate.

For prepayments, you can choose a lump sum, percentage increase or dollar increase.

Amount

The amount (in dollars or as a percentage) that you will prepay.

%
%
%

Payment Period

The payment period is an indicator of the number and order of payments. E.g. A mortgage with a 1-yr term paid monthly has 12 payment periods. A mortgage with a 2-year term paid semi-monthly has 48 payment periods. You can choose to apply the extra payment to any of the payment periods, for example the 5th, 10th, or 41st period.

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These calculators are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your branch to seek personalized advice from qualified professionals for all personal finance issues.